venturecapital

$CRCL venture investors were the real winners today:

2013 Series A @ $0.26 → 319x
2014 Series B @ $0.96 → 86x
2015 Series C @ $2.17 → 38x
2016 Series D @ $2.76 → 30x
2018 Series E @ $16.27 → 5.1x
2022 Series F @ $42.13 → 2x

The big winners? Accel, Breyer, General Catalyst, and IDG.

Product builder and investor — @socialgraphvc

kindness, compassion, forgiveness

It should, it’s the price per share based on share classes issued

Does this account for all the dilution and recap?

Other big winners: all of crypto 

and does this mean that tether is basically valued at 100 kajillion dollars